How to cash out Bitcoin anonymously?

[Coldsnap4457]

Have you tried out LocalBitcoins?

The limitation is that the buyers and sellers usually deal in smaller amounts.

[iamMhew]

i think bitcoin anonymous on blockchain transactions only, but to trade/exchanges it into fiat money in your country, you need to verified your account first (KYC) because of the law of every country due to fiat engagement, folks most suggested is to sell your bitcoin face to face to maintain your anonymity.

[joinfree]

Well i sell my bitcoins through a local exchange here in my country, he is a guy who i contacted him the first time through local bitcoins, we are kinda "friends" right now, and everytime that i have some bitcoins to sell i go to his office, he give me the money and i have to send him the bitcoins.
he did not even asked my about my identity or my id, just look at localbitcoins, there are a lot of ways to sell your bitcoins anonymously.

[SureLockLoans]

Yeah i do sell my bitcoins through localbitcoins too, i sell mine for cash, in my country we use other kind of cash, but i always try to find those users who pay with US dollars or Euros, i dont like to have my local cash because it is having a lot of inflation at the moment, and it is risky to have them because we dont know how much it is going to be worth in some months.
but of course, i dont have to give my identity or anything to the seller.

Doesn't localbitcoins require identification to trade over a certain amount? Of course you could always trade in person using localbitcoins as a point of contact but that defeats the purpose if wanting to stay anonymous.

[NightCloudz07]

I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?

i will sell bitcoin when it is in the higher price

[Yakamoto]

I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?

This is something that is kind of hard to answer when it comes down to it, since there are a lot of instances where you need to verify something in one way or another in order for you to take any money out of the system.
The best thing I can think of you doing is going through the sub-forum we have for trades, I don't think that localbitcoins offers their services to most people who don't have some kind of Id verified with them if I am remembering it correctly.

Just make sure to not sell your BTC for something like PayPal, PayPal not only dislikes Bitcoin (or they used to, some years ago), but they might also let the person you sell it to chargeback if you don't have enough credibility, leaving you out whatever value of Bitcoin you had, and pretty annoyed.

[The Sceptical Chymist]

I know that you can sell your bitcoin to trade plattform like coi,  nbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?

Currency exchange sub forum on here you might be able to do it that way or you could look localbitcoins because I don't think they require identification.

They don't,  but most offer are for PayPal and the like, which you do have to have an account for, and those accounts usually have identity requirements.   

Whay you could do is try to set up a cash through the mail offer using escrow, and you could do that on the currency exchange section.  Or you could meet up with someone and do the deal face to face.  That carries its own risks, of course, but it is pretty anonymous.   I've never had a need for much anonymity so those are the only things I can think of.

[South Park]

I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?

Face-to-face cash through localbitcoins.com is pretty anonymous. It can be more expensive though because someone has to take the time to meet with you.

I think this is still not anonymous way because you will meet someone i think the only way to cashout bitcoin anonymously and withdraw into fiat i think bitcoin debit or credit cards there are some bitcoin cards you can anonymously withdraw and deposit your bitcoin..
Just sharing this link to see the list of debit cards and credit card support withdrawal world wide to any atm machine..
Check this updated thread https://bitcointalk.org/index.php?topic=1242788.0

But even using a method like that is not really anonymous, since you need to withdraw from an ATM and almost all of those ATMs have cameras in them so unless you are planning to look incredibly suspicious by wearing a hat or something you are going to be recorded when you withdraw the money.

[mdripon]

I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?

it possible, if you stay USA and you do transaction face to face businessman. but your transaction have other country however you have to follow transaction rule.

[malikusama]

Just sell your bitcoins on localbitcoins.com to a trusted trader for cash, this is the best way till now to cash out anonymously, but first check the trust level of the trader before starting trade.

[European Central Bank]

even if you cash out anonymously, what are you gonna do with the vast amount of proceeds? that can't remain anonymous. thousands in cash these days is a recipe for major head aches. no one wants it. if you throw it in your bank you're gonna wind up with a long list of questions.

[Zorbak]

I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?

You can use local bitcoins and sell it to someone for cash

[orions.belt19]

The local wallet that I’ve been using allows me to cash out my bitcoin through a security bank atm without the need of verification or identification but then of course the use of the local wallet would need some identity so I’m not sure if that would work for you. When it comes with money matters, I think that identification really is needed. However, I think that there are other procedures out there that would allow you to do so since there’s not much regulation for bitcoin yet unlike with cash.

[blueteam09]

I still do not understand your question so I will analyze in two different directions first is to verify the identity of a certain online wallet such as coinbase or blockchain then that you have to verify identity for the administrator You know who you are to protect your account when you lose or encounter some of the remaining issues if you want to sell bitcoin but to avoid state agencies, you find someone in your area. buy it and 2 friends have to agree the payment method when buying bitcoin is to solve the problem

[AkteX]

I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?

Face-to-face cash through localbitcoins.com is pretty anonymous. It can be more expensive though because someone has to take the time to meet with you.

I think this is still not anonymous way because you will meet someone i think the only way to cashout bitcoin anonymously and withdraw into fiat i think bitcoin debit or credit cards there are some bitcoin cards you can anonymously withdraw and deposit your bitcoin..
Just sharing this link to see the list of debit cards and credit card support withdrawal world wide to any atm machine..
Check this updated thread https://bitcointalk.org/index.php?topic=1242788.0

But even using a method like that is not really anonymous, since you need to withdraw from an ATM and almost all of those ATMs have cameras in them so unless you are planning to look incredibly suspicious by wearing a hat or something you are going to be recorded when you withdraw the money.

This is very pertinent comment! ATM have always camera  But the question now, If you are using your own ATM card (meaning you did not use someone's else card or stolen card), where should be the issue even if they have you on camera? These data will be not kept forever and even if, you did not break any law by withdrawing your money. Or did you?


2-

The local wallet that I’ve been using allows me to cash out my bitcoin through a security bank atm without the need of verification or identification but then of course the use of the local wallet would need some identity so I’m not sure if that would work for you. When it comes with money matters, I think that identification really is needed. However, I think that there are other procedures out there that would allow you to do so since there’s not much regulation for bitcoin yet unlike with cash.

That sounds even more interesting. But what do you mean with "security bank atm without the need of verification or identification"? What do you define with "security bank" please? This sounds really interesting



3-

Just sell your bitcoins on localbitcoins.com to a trusted trader for cash, this is the best way till now to cash out anonymously, but first check the trust level of the trader before starting trade.

There also the risk that when selling to someone for face-2-face, you meet with the police and they ask you where you got the money from 
What will you do if this happens?
But definitely going through localbitcoins, you can sell your BTC to Trusted Trader for cash, will be good idea!

[pentol86]

you can sell to localbitcoin or you can sell at your community, its very anonymously.

[Svelto]

There are a few ways to sell BTC with identity verification.
Local Bitcoin is a popular peer to peer exchange platform, you can post a trade if you are not in a hurry to sell BTC.
Another way is to get an anonymous BTC debit card and cash out your BTC. You can also sell BTC in marketplace, but remember to use escrow.

[AkteX]

you can sell to localbitcoin or you can sell at your community, its very anonymously.

Well, what about if no one in my community is interested in BTC - i mean my friends, family

There are a few ways to sell BTC with identity verification.
Local Bitcoin is a popular peer to peer exchange platform, you can post a trade if you are not in a hurry to sell BTC.
Another way is to get an anonymous BTC debit card and cash out your BTC. You can also sell BTC in marketplace, but remember to use escrow.

Here again:
ATM have always camera. Cheesy But the question now, If you are using your own ATM card (meaning you did not use someone's else card or stolen card), where should be the issue even if they have you on camera? These data will be not kept forever and even if, you did not break any law by withdrawing your money. Or did you?


LocalBitcoin is good, but make sure to select Trusted Trader, otherwise you can run into troubles 

[PORN_coin]

it's very easy to use the on-line exchanger

[jimn]

There is many mixer platforms help you to mix your coins but if you will use any exchanger you will need (most likely) to give the details of your identity. I don't see why you re searching for withdrawing your bitcoins anonymously if you aren't using illegal methods.